Pharos Energy plc

("Pharos" or the "Company" or, together with its subsidiaries, the "Group")

Cancellation of Treasury Shares

Pharos Energy plc, announces that on 23 July 2025, pursuant to a resolution of the Board of Directors, a total of 9,122,268 ordinary shares of £0.05 ("Ordinary Shares") previously held in treasury were cancelled in accordance with the provisions of section 729 of the Companies Act 2006. Following the cancellation the Company holds no Ordinary Shares in treasury.

In accordance with UK Listing Rule 9.8.2, the Company discloses the following information:

* This figure may be used by shareholders as the denominator for calculating whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information, please contact:

Pharos Energy plc                                                                                                                                   Tel: 0207 603 1515

Tony Hunter, Company Secretary

Camarco                                                                                                                                                    Tel: 020 3757 4980

Billy Clegg | Georgia Edmonds |Violet Wilson |Tamsin Howard

Notes to editors

Pharos Energy plc is an independent energy company focused on delivering sustainable growth and returns to stakeholders, with a portfolio of stable production, development and exploration assets in Vietnam and Egypt. Led by an experienced team, Pharos is a cash generative business with a robust balance sheet and an established platform to deliver both organic growth and inorganic opportunities.  

Pharos is listed on the Main Market of the London Stock Exchange. For further information please visit www.pharos.energy.